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Property profile & analytics
OFF-MARKET
Estimated value
$8,740,000
Retail space
2061 Garey Ave Pomona, CA 91766-5727
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0135143
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Construction
TILT-UP CONCRETE
Total area
28,332 SF
Lot
3.02 ac (131,762 SF)
Zoning code
POC4S-R3*
APN
8344-023-049
UPID
US10-0135143
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Cost Bargain Co Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.16M
CAP Approach
CAP
$6.32M
Comparable Approach
Comparable
$8.75M
Blend (final)
Blend
$8.74M
Owner & transaction history
I Rio Ranc1io Ca LLC · 4 yrs held
I Rio Ranc1io Ca LLC
since 2022
Last sale
$8.8M
7 recorded transactions
Zoning & alternative use
POC4S-R3* · Pomona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$12.9M
+97.8%
Office building
$11.3M
+74.1%
Commercial (general)
$10.6M
+62.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pomona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pomona submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$8,135,000
ML approach
$9,155,000
CAP Approach
CAP Return
Estimation
6%
$6,840,000
6.5%
$6,315,000
7%
$5,860,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,515,000
Current use
MEDICAL BUILDING
$12,880,000
Change: +98% · Conversion: Difficult
OFFICE BUILDING
$11,335,000
Change: +74% · Conversion: Easy
COMMERCIAL (GENERAL)
$10,570,000
Change: +62% · Conversion: Easy
AUTO REPAIR, GARAGE
$9,060,000
Change: +39% · Conversion: Difficult
RESTAURANT
$8,705,000
Change: +34% · Conversion: Easy
Blend value · Realmo final
$8.74M
Range $7.87M – $9.61M · ±10% · vs last sale $8.83M (Jan 7 2022)
Last sale anchor
$8.83M
Jan 7 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$308 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$84,129
Tax year 2024
Assessed value
$5,541,169
Assessed 2024
Previous assessed
$5,541,169
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$3,421,875
Assessed improvement
$2,119,294
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
28,332 SF
Lot
3.02 ac (131,762 SF)
Zoning code
POC4S-R3*
APN
8344-023-049
UPID
US10-0135143
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
POC4S-R3* · Pomona, CA
Zoning POC4S-R3* · permitted uses
POC4S-R3* · Pomona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pomona. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.5M
MEDICAL BUILDING
Est. value
$12.9M
OFFICE BUILDING
Est. value
$11.3M
COMMERCIAL (GENERAL)
Est. value
$10.6M
AUTO REPAIR, GARAGE
Est. value
$9.1M
RESTAURANT
Est. value
$8.7M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
3.02 ac
Current owner
From public records · entity-resolved
I Rio Ranc1io Ca LLC
Entity
Mailing address
16600 DALLAS PKWY STE #300, DALLAS, TX 75248-2610
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2022
$8,825,000
I Rio Ranc1io Ca LLC
Pomona Rio Property LLC
Grant Deed
$6,398,125 · Frost Bank
Oct 3, 2017
—
Pomona Rio Property LLC
—
Grant Deed
related
$5,100,000 · Silvergate Bk
Aug 6, 2003
—
Pomona Rio Property LLC
Dubar,t C
Grant Deed
related
—
Feb 7, 2003
$6,350,000
T C Dubar
Rio Development LLC
Grant Deed
$4,200,000 · Wells Fargo Bank
Nov 18, 1998
—
Rio Development LLC
Rio Garey
Quit Claim Deed
related
—
May 14, 1997
—
Donald Baron
—
Deed Of Trust
related
$1,000,000 · Price Company
Oct 21, 1993
—
Price Co
—
Deed Of Trust
related
—
—
—
Garey Rio II
—
Deed Of Trust
related
$400,000 · Individual
—
—
Csk Auto INC
—
Deed Of Trust
related
$50,000 · Ffca Acquisition Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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